It’s no secret that buying a house is a costly venture.
Aside from the cost of the house itself, you also have to consider additional expenses attached to the purchase of your home.
So, it’s understandable that people would often forgo hiring a conveyancer as they will see it as an additional expense or choose the cheapest conveyancing service.
In this article, we explain the benefits of hiring a reputable conveyancing solicitor.
Prevent Legal Issues
A conveyancing solicitor will take care of all legal issues that may arise with your house purchase. This includes preparing and reviewing all required legal documents (such as Contracts, Transfer Forms and Transfer Duty Assessment Forms).
Your conveyancing solicitor will ensure that all legal documents are prepared correctly, in accordance with the requirements of the law.
Avoid Common Mistakes
Hiring a conveyancing solicitor will also help you avoid common mistakes. If you do your own conveyancing, you risk making costly mistakes. For example, failing to check if the property is free from encumbrances, not verifying the title of the property (the owner of the property), not checking any existing mortgages on the property, or not checking if there is outstanding land tax owed on the property.
For those who are unfamiliar with the term, encumbrance; is a third party’s right to, interest in or some form of legal liability registered against the title of the property that does not prohibit the transfer of title from seller to buyer. An example of an encumbrance is an easement burdening the land.
Faster Settlement
With a conveyancing solicitor, any potential delays to settlement are minimised. This is because a conveyancing solicitor knows exactly what needs to be done and if an issue does arise, it is more than likely that your conveyancing solicitor will be experienced to deal with and resolve the issue quickly.
Better Negotiations
A conveyancing solicitor can conduct negotiations for you that serve to protect and preserve your interests. It is not uncommon for parties to negotiate a reduction in the purchase price where a building and pest report is not satisfactory.
A skilled conveyancing solicitor will be able to guide and advise you and conduct negotiations on your behalf which could save you money.
Peace of Mind
Hiring a conveyancing solicitor will also give you peace of mind. You can rest assured that the entire process will be taken care of, so that’s one less thing to stress about. Let’s face it, you’d rather focus your energy on packing and planning the move to your new dream home!
Final Thoughts
In conclusion, you should think of a conveyancing solicitor as an investment.
Price is what you pay and the value is what you get. At One80 Conveyancing our mission is to help home buyers get into their dream homes quicker and trouble-free with our revolutionary One80 Prime System™ and One80 App™.
The One80 Prime System™ and the One80 App™ are the value our conveyancing service pays you.
The One80 Prime System™ is designed to make your life easier. It is a unique nine-step framework that sets out the conveyancing process for homebuyers in a ridiculously easy step by step guide. You’ll know exactly what we will do in the conveyancing process and what you will need to do. It’s also packed with powerful guides, meticulous checklists and cheat sheets all designed to make your life trouble-free and super easy!
Our user-friendly app, the One80 App puts you in control of the process – giving you real-time updates on each step that we complete for you. Simply log onto our app at your leisure to check the status of your matter or communicate with us or choose to receive SMS or push notifications.
DISCLAIMER: This article is provided for general information purposes only. Its content is current at the date of preparation. Changes in circumstances or policy or legislation after the time of preparation may impact the accuracy of the information provided. It is not legal advice and is not tailored to meet your individual needs. You should obtain specialist advice from a qualified professional based on your specific circumstances before taking any action concerning the matters discussed in this guide. One80 Conveyancing Pty Ltd will not accept liability for any reliance on this article, including but not limited to, the accuracy, currency or completeness of any information or links.
